SEC Form 4 · accession 0001140361-16-069762
CapForce Inc. · CFOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Krenitsky
Officer — President
Period of report
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 6:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001293818
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option AwardF1 | $1.55 | Jun 13, 2016 | A | 60,000 | A | — | Jun 13, 2026 | Common Stock | 60,000 | 60,000 | D |
Explanation of responses
- F1The option vests 25% on June 13, 2017 and 6.25% quarterly thereafter on the first business day of each quarter for a period of three years, with acceleration of vesting in certain circumstances associated with a change of control.